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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Waco at 2915 Summer Ave, Waco, TX, 76708 offers a 9.22% rental yield on a $125,000 purchase with $960/mo rent. 74% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 98.99% and total cumulative return in cash at $41,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
9,670 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Listed for sale | $125,000 |
| 2020-08-26 | Listing removed | $98,000 |
| 2020-07-18 | Pending sale | $98,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-06 | $3411.10 | 4.66% | $151,220 | 4.02% |
| 2023-08-06 | $3259.28 | -4.42% | $145,380 | 7.32% |
| 2022-08-06 | $3409.94 | 32.70% | $135,460 | 36.36% |
Listed by: Samuel Austin • DFW Elite Living
Mls Name: NTREIS
Mls ID: #21018132
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
